Security vendor Symantec plans to integrate identity theft protection services into its product offerings with its just-announced $2.3 billion pending acquisition of LifeLock, which has 4.4 million customers.

Data breaches feed the market for fraudsters to steal identities, which challenges traditional approaches to identifying the genuine from the fraudster. We hear that knowledge-based authentication is dead. But trust in any single defense is flawed. No single route to "trust" should be applied. We should never lose...

Same-day Automated Clearing House (ACH) payment processing became a reality. While this represents a terrific opportunity for banks to be responsive to their customer's requirements for faster ACH payments, plus the ability to attract new customers from banks who choose not to offer the same level of responsiveness,...

Two men allegedly tied to the hacking group "Crackas With Attitude" have been arrested as part of an investigation into hacks of U.S. government systems and senior government officials, including CIA Director John Brennan's personal AOL email account.

Wells Fargo will pay $185 million in fines over employees illegally subscribing customers to banking products they didn't request - creating 2 million ghost accounts in the process - in what appears to be one of the largest cases of identity theft ever recorded.

Distributed ledger technology, such as the blockchain, promises simplicity, speed and greater transparency in transactions that are conducted across the world, in payments and beyond. But what about the risks? How much do we truly understand about this emerging technology, and have we placed fintech on a pedestal too...

The Internal Revenue Service has temporarily deactivated an online PIN-retrieval tool meant to prevent stolen Social Security numbers from being used to file fraudulent returns after finding that hackers had successfully subverted the system.

Synthetic identity fraud is more pervasive than most people are aware. Synthetic identities are used to obtain financial services, medical benefits, insurance and rental housing, among other things. Additionally, organized crime and terrorist groups are realizing the benefits that the anonymity of synthetic identities...

Prosecutors recommended that twin brothers Muneeb and Sohaib Akhter serve a six-year and a two-year sentence, respectively, after pleading guilty to hacking-related charges. But one of the men received a much lighter sentence.

As a result of Experian's data breach, 15 million T-Mobile subscribers are at risk from phishing attacks and fraud. But it's not clear what more T-Mobile can do to protect breach victims, says security specialist Mark James.

The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.

The FTC says LifeLock has violated a 2010 settlement by continuing to make deceptive claims about its identity theft protection services. After the FTC made the announcement on July 21, Lifelock's stock value plummeted.

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